Dublin Lodge up again for sale, price lowered to $65mil
Free rental landed building Dublin Lodge has once more been pushed out by means of EOI at a lower list price of $Sixty Five million.
The Area 9 building was earlier offered in February, with the set aside figure set at $67.55 million.
Estimated for being roughly 35 years old, the development is positioned at a private dead-end street at Dublin Rd. It at present has eight strata terraces along with floor sizes of in between 2thousand 5hundred 62 square feet and 240 sq metre.
Dublin Lodge utilizes a 2thousand 5hundred 10 sq m area that is sectioned for home benefit beneath the 2K19 Master Plan. The property development is also amongst the two-storey varying private location.
Marketing representative C & W said the spot could be rebuilt toward a single separated residence or be redivided into ten individual terraces, subject to the consent of essential bodies.
” This is certainly an engaging opportunity to obtain a pleasant possession being landed house chances on the perimeter of Orchard Road are scarce,” shared Christina Sim, Dir of Capital Markets at Cushman & Wakefield
” The property’s main core place, lease free term as well as most importantly, its coveted address will definitely be extremely searched for.”
Particularly, Dublin Lodge is close to Somerset MRT Terminal and is a ten min ride to the Ctrl Biz District.
Sim said further that since all of the eight homeowners have accepted the deal, there is absolutely no necessity to administer to the STB for a transaction request.
The expression of interest movement for Dublin Lodge concludes on 4 Jan 2K22.